Notice Regarding the Consolidation of NC Pioneer LLC as a Subsidiary

Remixpoint Co., Ltd. (Securities Code: 3825, Head Office: Minato-ku, Tokyo, Representative Director, President & CEO: Yoshihiko Takahashi, hereinafter 'the Company'), as announced in the 'Notice Regarding Silent Partnership Investment' dated December 1, 2025, has made a silent partnership investment in NC Pioneer LLC (hereinafter 'NC Pioneer'), which is engaged in the acquisition, development, ownership, and operation of grid-scale storage batteries. At a Board of Directors meeting held today, the Company resolved to make NC Pioneer a consolidated subsidiary, as detailed below. Through this consolidation, the grid-scale storage battery facilities owned and operated by NC Pioneer will become part of the Company's consolidation scope. Revenue that was previously reflected as distributions from the silent partnership investment will now be reflected in the Company's consolidated performance as net sales and operating profit. The Company positions grid-scale storage batteries as one of its future growth areas. Beyond investment in battery storage facilities, the Company aims to expand revenue opportunities and increase mid-to-long-term corporate value by actively engaging in peripheral areas such as development, ownership, operation, and asset management. ■ Purpose of Consolidation In recent years, with the expansion of renewable energy introduction, the importance of grid-scale storage batteries, which adjust fluctuations in power generation and support the stabilization of the power grid, has been increasing. The Company recognizes that the grid-scale storage battery-related market will expand in the mid-to-long term, driven by the spread of renewable energy, growing needs for power supply-demand adjustment, and the evolution of the electricity market system. The Company positions its energy business as a key pillar of its growth strategy and is strengthening its efforts in businesses that contribute to the expansion of renewable energy introduction and the stabilization of power supply and demand. As part of this, the Company is jointly developing seven grid-scale storage battery facilities in Japan with Nihon Storage Battery Co., Ltd. NC Pioneer is the operating company that owns and operates these facilities. By making NC Pioneer a consolidated subsidiary, the Company's group will strengthen its ownership and operation base in the grid-scale storage battery business and deepen collaboration with the energy-related businesses the Company operates. Furthermore, revenue that was previously reflected as non-operating income from silent partnership distributions will now be reflected in the Company's consolidated financial statements through NC Pioneer's assets, liabilities, sales, and expenses. This will make the revenue contribution of the storage battery business more clearly visible in the Company's group performance. The Company positions this matter as an important initiative to accelerate the growth of its storage battery business, aiming to expand its business domain including development, ownership, operation, and asset management, and to enhance mid-to-long-term corporate value and shareholder value. ■ Overview of the Subsidiary Subject to Change (NC Pioneer) and the Grid-Scale Storage Battery Facilities to be Held by the Company Name: NC Pioneer LLC Location: 3-2-5 Kasumigaseki, Chiyoda-ku, Tokyo Title and Name of Representative: Representative Member: General Incorporated Association NCP; Executive Officer: Ken Nii Business Description: Acquisition, development, ownership, and operation of grid-scale storage batteries, etc. Capital: 100,000 yen Relationship with the Company: The Company has made a silent partnership investment in NC Pioneer. ■ Future Developments By making NC Pioneer a consolidated subsidiary, the seven grid-scale storage battery facilities it owns will be owned and operated by the Company's group going forward. This will allow the Company's group to expand its business base contributing to the strengthening of power supply-demand adjustment functions and aim to create new revenue opportunities through the operation of storage battery facilities. In its medium-term management plan, the Company aims to develop 32 high-voltage grid-scale storage power stations by the fiscal year ending March 2029. This consolidation will lead to an expansion of the Company's group's owned storage power stations, with the number of owned facilities expected to reach 11. In the storage battery-related market, which is expected to expand in the future, the Company will advance into peripheral areas including asset management in addition to development, ownership, and operation. Through this, the Company aims to cultivate the storage battery business as a business domain that supports the mid-to-long-term revenue growth of the Company's group, going beyond mere facility ownership. The Company will promote initiatives toward owning 20 or more grid-scale storage battery facilities as set forth in its medium-term management plan, contributing to the realization of a sustainable energy society while working to enhance corporate value and shareholder value. ■ Future Outlook Previously, the Company recorded distributions from its silent partnership investment in NC Pioneer as consolidated non-operating income. Going forward, with NC Pioneer becoming a consolidated subsidiary, all assets, liabilities, sales, and expenses related to the silent partnership agreements it operates will be reflected in the Company's consolidated financial statements. As a result, for the current fiscal period, it is expected that net sales of 506 million yen and operating profit of 288 million yen will be recorded in the Company's consolidated income statement. The Company believes that this consolidation will clarify the revenue contribution of the storage battery business within the Company's group and strengthen the foundation for future business expansion. If any matters requiring disclosure arise in the future, the Company will promptly disclose them. Remixpoint Co., Ltd. Remixpoint is a Tokyo Stock Exchange Standard-listed company that operates an Energy Solutions business and a Digital Asset Management business. Through its core electricity retail business, as well as storage battery-related businesses, subsidy application support, and energy-saving consulting, the company is working towards realizing a decarbonized society and building a sustainable society. Additionally, by leveraging its expertise in the energy and digital asset fields, the company is creating new value to solve social issues. Official website: https://www.remixpoint.co.jp/ X (formerly Twitter): https://x.com/remixpoint_x